by Administrator | Oct 6, 2014 | Banking Laws, Corporate Law, Law Reviews
The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 came into force on July 19, 1969 and Section 21 shall be effected on the appointed day which shall be February 14, 1970. This is the day on which the Banking Companies (Acquisition and Transfer...
by Administrator | Oct 6, 2014 | Banking Laws, Law Reviews
For the purpose of amending the Reserve Bank of India Act, 1934 along with the banking companies act, 1949 with an aim of controlling the banking sector coming under some co-operative societies, the central government enacted the Banking Laws (Application to...
by Administrator | Oct 6, 2014 | Banking Laws, Law Reviews
The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 was enacted on July 11, 1980 and came into effect on April 15, 1980. The legislation was framed for the purpose of acquiring and assigning the industries under the control of the banking sector...
by Administrator | Oct 6, 2014 | Banking Laws, Law Reviews
The Banking Regulation Act is a Central legislation enacted on March 10, 1949 and came into effect on March 16, 1949 when the Government of India publicized in the Gazette of India for the purpose of altering and uniting the legal documents on banking. The provisions...
by Administrator | Oct 6, 2014 | Banking Laws, Insurance Laws, Law Reviews
The Banking Laws (Amendment) Act, 1985 was enacted for the purpose of altering the Reserve Bank of India Act, 1934. It also aims to amend other enactments including the State Bank of India (Subsidiary Banks) Act, 1959, Deposit Insurance Corporation (Amendment and...
by Administrator | Aug 22, 2014 | Banking Laws, Law Reviews
The Asian Development Bank Act, 1966 was enacted on May 29, 1966 to put into operation the international consensus reached out for the constitution and function of the Asian Development Bank and other matters dealt with in the Bank. The application of the Act extends...
